To help make implementation of HR initiatives a working success, HR Equations Ltd has formed partnerships with relevant technology partners, in the areas of HR Planning/Business Cases, Recognition & Reward and Performance Management.

These technology offerings have some key features in common:

• Outsourced, web-based, hosted software solutions, so there no need for the user to buy new hardware or software and no IT compatibility issues
  
• Aim to save time and money compared to paper-based processes
  
• On-line based systems are much easier to use than paper-based
  
• Updates, news and progress reports easy to communicate to line managers and staff, with high-impact web-based communication
  
• Customisable

HR PLANNING & BUSINESS CASES

Perceptive Insight Ltd provides an online opinion survey of your organisation's performance in the eyes of your key stakeholders - your Employees, Customers, Shareholders and Suppliers. In turn, a SWOT analysis is produced from the observations of your stakeholders, describing your organisation's Strengths, Weaknesses, Opportunities and Threats, called a Stakeholder Performance Appraisal (SPA). This is extremely valuable information for determining your organisation's Human Resources strategy and key priorities.

Another valuable use of the SPA is to assess the goodwill value of a business prior to Acquisition. The SPA will provide you with indepth insights into the strenghts and weaknesses of the Target company's intellectual capital which will typically be 3 to 4 time the book-value of the business.

RECOGNITION & REWARD

Winrewards International Ltd provides online, interactive, website-based staff Recognition & Reward programmes. Changing workplace attitudes and the increasing criticality of staff Retention is driving a significant increase in the use of Recognition programmes. For example, research by WorldatWork Inc. shows that 65% of organisations are doing more Recognition work now than 3 years ago. Recognition programmes can be as varied as you like - Sales Achiever, Values & Culture achievement, Customer Service reward, etc.

PERFORMANCE MANAGEMENT

Appraisal Smart Ltd provides online, interactive, website-based Performance Management programmes.

The failure of Performance Management in an organisation is almost always attributed to cumbersome bureaucracy of paper-based systems, including a swag of paper for competency lists, ratings scales, questionnaires, reporting and pay review decisions. The bureaucracy means line managers and employees lose faith in the programme, even though it may be well-designed. Appraisal-Smart is an efficient, easy-to-operate, easy-to-communicate system with plenty of customisable features so the design can be made to suit your requirements.

For further information on any of these systems, please contact us on tel (09) 638-3368 or email mp@hrequations.co.nz.